Long Lake, IL Real Estate
According to census data in the year 2000 there were 1,279 housing units in Long Lake.
This represents a 17.8% growth from 1,086 in 1990.
Of those housing units, 1,279 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Long Lake is about 76.9%.
Long Lake's vacancy rate, including seasonal lodging, is about 7%.
Average household size is 2.92 people.
The majority of houses, apartments or condos in Long Lake were built after 1952.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.30% |
| One Bedroom | 5.10% |
| Two Bedrooms | 30% |
| Three Bedrooms | 48.20% |
| Four Bedrooms | 11.10% |
| Five Bedrooms or more | 4.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.02 |
| Median year structure was built | 1953 |
| Median Value of occupied units | $128,500 |
| Median Price asked for vacant units | $137,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.58 |
| Median year structure was built | 1951 |
| Median Monthly Rent asked for vacant units | $725 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 8.20% |
| Home Equity Loan | 8.70% |
| Simple Mortgage | 63.10% |
| Debt Free | 20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 21.2% |
